AQUARIUS PLATINUM LIMITED - Wage agreement reached at Kroondal

Wage agreement reached at Kroondal

                                                                                                           
Aquarius Platinum Limited   
(Incorporated in Bermuda) 
Registration Number: EC26290 
Share Code JSE: AQP 
ISIN Code: BMG0440M1284 
 
Wage agreement reached at Kroondal   

Aquarius Platinum Limited (Aquarius) advises that its wholly owned subsidiary, Aquarius Platinum 
(South Africa) (Proprietary) Limited (“AQPSA”) has reached separate three-year wage agreements 
with the National Union of Mineworkers ("NUM") and Solidarity in relation to their respective 
members employed at Kroondal. The agreements are effective from 1 July 2014, and will be applied 
to all employees within the respective bargaining units at Kroondal. The NUM represents the 
majority of Kroondal’s semi-skilled work force, while Solidarity represents the majority of Kroondal’s 
skilled work force. 

Measured on a cost to company basis the average increase slightly exceeds the increase in the cost 
of living as measured by inflation rate (CPI). 

Aquarius acknowledges with appreciation the critical contribution that the employees of Kroondal 
continue to make to the ongoing safety and operational improvements at the Kroondal mine; the 
leadership shown by the Kroondal mine’s management team during the negotiation process and the 
constructive and mature manner in which the NUM and Solidarity conducted the wage negotiations.   

The successful conclusion of the wage agreements are a significant positive development for the 
company. AQPSA is extremely proud of its workforce which continued to work without interruption 
to maintain its operating performance throughout the negotiation process. 

For further information please contact: 
 
Jean Nel - CEO 
+270100012848 
 
Willi Boehm – Company Secretary 
+61893675211 
 
For media enquiries: Charmane Russell or Janet Whitaker 
+2711 880 3924 
+2782 372 5816 
 
or visit: www.aquariusplatinum.com 
  
21 July 2014 

Sponsor 
RAND MERCHANT BANK (A division of FirstRand Bank Limited) 
 

Date: 21/07/2014 04:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.